€ 722 000

€ 8 205 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Penthouse in Agios Tychonas, Limassol, Cyprus No. 45090

Bedrooms

88 sq.m.

Square

Parameters

Property Description

This development is located in Agios Tychonas area and will have unobstructed views of the sea. The project consists of twelve spacious apartments and four 3 bedroom penthouses with private roof gardens. Each apartment is designed with carefully thought out functional spaces and complemented with high standards of finish.

Other specifications:

• Tranquil surrounding;
• Common swimming pool;
• Modern architecture;
• Sea views;
• 2 minutes' drive to Four Seasons;
• Spacious layouts;
• Contemporary design;
• Provision for underfloor heating;
• Landscaped gardens

The Project has EPC certificate with "A" Energy Efficiency Rating.